EU countries team up for semiconductor push

Re:EU countries team up for semiconductor push by Tade0 on Wednesday December 09, 2020 @11:10AM (#25360116)

Perhaps it's because at least in NXP's case the reason why headquarters are there and not somewhere else is that the Netherlands are a tax haven for IP-heavy companies.

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Re:EU countries team up for semiconductor push by rejschaap on Wednesday December 09, 2020 @11:25AM (#25360295)

Are you thinking about STMicroelectronics perhaps? They are incorporated in the Netherlands.

NXP has a long history in the Netherlands. It started as a division within Philips (Dutch company) and it has done a lot of production work in the Netherlands.

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Re:EU countries team up for semiconductor push by joelbluminator on Wednesday December 09, 2020 @11:20AM (#25360236)

NXP originated from Philips afaik, so it is a by product of a Dutch company. Why would headquarters move elsewhere?

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Re:EU countries team up for semiconductor push by foepys on Wednesday December 09, 2020 @11:18AM (#25360223)

Here is some more information about one of the schemes where Dutch law helps avoiding taxes: https://en.wikipedia.org/wiki/Dutch_Sandwich

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Re:EU countries team up for semiconductor push by joelbluminator on Wednesday December 09, 2020 @12:10PM (#25360849)

Small countries like NL and Ireland don't really have a choice. Without giving tax incentives multinationals would just choose the bigger markets (China, U.S, India, Germany maybe). Is it "fair" that the U.S and China dominate everything between themselves?

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Re:EU countries team up for semiconductor push by HorkHunter on Wednesday December 09, 2020 @11:33AM (#25360409)

Maybe true, a lot of NXP projects actually happen in Austria for example

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